AVP, Operational Risk Controller, Risk Management Group

DBS Bank (Indonesia); Jakarta Pusat; On-site; IDR 279,000,000 - 558,000,000; Full time

Job summary

DBS Bank Ltd is seeking an experienced Risk Management professional for its Capital Place Branch in Jakarta Pusat. The role focuses on developing and maintaining risk governance, policies and standards for operational risk and third-party risk management.

You will collaborate with DBSI business units to identify, assess and mitigate key risks, while promoting risk awareness and ensuring regulatory reporting.

Qualifications

• Minimum 5 years of experience in operational risk management or a related field.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills to collaborate with stakeholders at all levels.
• Proficient in risk management tools and techniques (risk assessments, KRIs, and control testing).
• Thorough understanding of regulatory requirements and industry best practices in operational risk management.
• Ability to work independently and as part of a team to deliver high-quality results.

Responsibilities

• Develop or adopt and implement risk governance, policies, and standards for operational risk management and third-party risk management within DBSI.
• Partner with the business and support units across DBSI in implementing relevant operational risk governance, policies, standards, tools and methodologies to identify and assess key operational risks.
• Provide advice and guidance to business and support units on operational risk matters including risk management structure and processes, tailoring of Group policies, where applicable for location adoption, by considering the regulatory requirement.
• Promote risk and control awareness through training, sharing of best practices and lessons learnt.
• Prepare/review reports related to internal and external reporting (including reports to regulator).

Skills

Operational risk

Analytical thinking

Communication skills

Risk tools

Regulatory knowledge

Team player

Job description

Business Function

Risk Management Group (RMG) is responsible for the development and maintenance of risk management and internal control frameworks. we provide independent review and challenge to business to ensure that appropriate balance is considered in risk/return decision. in additional, RMG is responsible for the monitoring and reporting on key risk issues of the Bank. To manage risk effectively and deliver strong financial performance, we invest significantly in our people and infrastructure.

Responsibilities

Operational Risk Policies, System and Reporting

1. Develop or adopt and implement risk governance, policies, and standards for operational risk management and third-party risk management within DBSI
2. Partner with the business and support units across DBSI in implementing relevant operational risk governance, policies, standards, tools and methodologies to identify and assess key operational risks
3. Provide advice and guidance to business and support units on operational risk matters including risk management structure and processes, tailoring of Group policies, where applicable for location adoption, by considering the regulatory requirement
4. Promote risk and control awareness through training, sharing of best practices and lessons learnt
5. Prepare/ review reports related to internal and external reporting (including reports to regulator)

Operational Risk Control

1. Provide advice to business and support units on operational risk management; provide objective review and challenge to the business and support units to ensure effective identification, assessment and management of operational risk
2. Engage with business/support units’ management teams, participate in business control committees (or equivalent), raising risk issues arising in the end-to-end processes including in Operational and Technology Risk Committee (OTRC), Risk Monitoring Committee (RMC), and Integrated Risk Management Committee (IRMC).
3. Engage in major change initiatives of the business/support units (including new product/service and outsourcing), providing inputs to mitigate operational risks
4. Liaise with relevant business/support units’ partners in the various control and support functions e.g. Credit, Compliance, Legal, etc in addressing operational risk issues arising in the end-to-end processes

Requirements

• Minimum 5 years of experience in operational risk management or a related field
• Strong analytical and problem-solving skills with the ability to identify and address complex risk issues
• Excellent communication and interpersonal skills to effectively collaborate with stakeholders at all levels
• Proficient in using risk management tools and techniques, such as risk assessments, key risk indicators, and control testing
• Thorough understanding of regulatory requirements and industry best practices related to operational risk management
• Ability to work independently and as part of a team to deliver high-quality results

Location:

Capital Place Branch

Job:

Risk Management

Schedule:

Regular

Employee Status:

Full time